Colossus Bets loses CTO

Bernard Marantelli, chief executive of Colossus Bets, has announced the departure of chief technical officer Myles Milston, who is joining the venture fund Globacap.

Marantelli acknowledged that Milston had been a key member of management who had played a valuable technical role in the company’s development, and announced that his responsibilities will be taken up by two Colossus managers, Paula Cara Farcas, as CTO and Alberto Zuin, as Deputy CTO and CIO.

Farcas was formerly head of racing products.

“Myles Milston legacy to us is a truly innovative technology platform and an extremely talented and dedicated technology team, so I am especially proud to announce that Myles will be succeeded by two of our own,” Marantelli said.

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